US Stocks: Financials announce strong Q2 earnings

Second quarter earnings season in Wall Street started with some strong numbers from the financial sector (via Reuters):

  • JPMorgan Q2 17 Earnings Results:
    • Adj EPS: $1.82 (Est $1.58)
    • Rev: $26.4B (est $25.44B)
  • Citigroup Q2 17 Earnings Results:
    • Adj EPS: $1.28 (Est $1.21)
    • Rev: $17.9B (Est $17.42B)
  • Wells Fargo Q2 17 Earnings Results:
    • Adj EPS: $1.07 (Est $1.01)
    • Rev: $22.2B (Est $22.49B)

US: Retail sales to increase by a modest 0.2% in June - Nomura

Analysts at Nomura expect top line US retail sales to increase by a modest 0.2% in June following a 0.3% decline in May. Key Quotes “Personal spendi
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Fed’s Kaplan: Recent weak inflation numbers are transitory

Dallas Fed President Robart Kaplan is giving his remarks in an interview with the Bloomberg TV, with the key quotes, via LiveSquawk, found below: U
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